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office a, unemployment has fallen below 8%. meanwhile, mitt romney was also campaigning in the common wealth where he down played the drop in the rate. danielle lee is on capitol hill with the latest from the battleground state. >> from president obama, this is proof that his policies are working, but for mitt romney, the unemployment rate now at 7.8% doesn't tell the whole story. at a rally a in virginia, a smiling president obama took full advantage of september's jobs report. >> more americans entered the work force, more people are getting jobs. >> reporter: the unemployment rate fell to 7.8%. marking the first time it's been below 8% during his presidency. >> today's excuse is not an excuse to talk down the economy to score a few political point. >> reporter: political points is exactly what mitt romney was going for while talking to voters in virginia. >> this president calls his policies going forward. i call his policies forewarned. >> reporter: romney said the unemployment rate fell because people gave up. >> when i'm president of the united states, that, that unemployment ra
-elected with unemployment above 8 percent. the president said the economy is moving forward and suggested governor romney's policies would spark another financial disaster. >> we made too much progress to return to the policies that led to the crisis in the first place. i cannot allow that to happen and i won't allow it. >>trace: governor romney downplayed the new jobs numbers. he wrote in a statement and i quote, "this is not what a real recovery looks like. we created fewer new jobs in september than in august and fewer jobs in august than in july. we have lost over 600,000 manufacturing jobs since president obama took office. if not for all the people who have dropped out of the labor first, the real unemployment rate would be closer to 11 percent. we have john roberts following the campaign with governor romney but wendell is covering the president's campaign from cleveland. the numbers could help the president at a very crucial time. >>reporter: they could. the 114,000 jobs created last month was a modest increase but the drop in the unemployment rate came from a different survey, something called a
the president in cleveland. governor romney says the 7.8 percent unemployment rate does not tell the whole story. here is what the g.o.p. nominee told supporters in virginia today. >> the reason it has come down this year is primarily because of the fact that more and more people have just stopped looking for work. if the same share participated in the workforce today, as the day the president got elected, the unemployment rate would be around 11 percent. >>trace: he is stopping in two battleground states. now he is on the way to florida after 9 rally in virginia. we continue with john roberts live in st. petersburg, florida. governor romney says if he is elected americans will see and i quote, "a real recovery." >>reporter: that is a message that is very important here in this part of florida. president obama won this county where i am and a neighboring county in tampa in 2008. they were split in 2004 between george bush and john kerry. romney took aim at the unemployment figures today saying that while the numbers may look good on the surface, fewer jobs were created in the month of september
-election team, but for mitt romney this is fascinating, landi, because the unemployment rate is below 8% for the first time since barack obama came into the white house back in january of 2009. you have heard mitt romney on the campaign trail over and over again, over the last year and a half running for the white house, criticize this president on jobs for the unemployment rate being over 8%. now it is under 8%. now it's time for mr. romney to have to pivot from his favorite line. take a listen to both candidates on the campaign trail yesterday reacting to the jobs numbers. >> today's news should give us some encouragement. it shouldn't be an excuse for the other side to try to talk down the economy just to try to score a few political points. it's a reminder that this country's come too far to turn back now. >> so it looks like unemployment is getting better, but the truth is if the same share of people were participating in the work force today as on the day the president got elected, our unemployment rate would be around 11%. that's the real reality of what's happening out there. >>
-- the new term is unemployment bertherism. this is not helping, is it? mitt romney, anybody denying saying the department labor infiltrated -- jack welch, put a fork in him. that guy is done. not that it'd get through his old leathery skin. >> for the record, 7.8% was the unemployment rate when he took office. >> no, it's never been, has it? >> but here's the problem, congressman, when he put his hand on that bible on that very cold day, we were losing 700,000, 800,000 jobs a month. right now for republicans to talk down sort of what we've been doing -- >> unemployment rate is the same. he has not brought it down. >> we are in the midst of a great depression, congressman. can't pretend that didn't happen. >> unemployment rates should not have a party label. as americans we should all be celebrating that the unemployment rate has gone down for you. >> good for you. >> if this is going to restore consumer confidence, going to lead us into a better quota next year, good for this country. we can all deal with this past november 6th. but right now i'm celebrating. period. >> it isn't anywhere w
.2 million new jobs over the past two and a half years. this morning we found out that the unemployment rate has >> campaigning in virginia coal country, mitt romney tried to dig through the latest jobs numbers to make the case president obama has not hit pay dirt just yet. >> there are fewer new jobs created this month than last month. and the unemployment rate as you noted this year has come down very, very slowly, but it's come down nonetheless. the reason it's come down this year is primarily due to the fact that more and more people have just stopped looking for work. >> reporter: still, one of reen's key metrics on the president's handling of the economy went up in smoke when the nation's unemployment rate dipped below 8%. >> 8% unemployment for over, how many, 43 months? we still have unemployment above 8%. he told us he'd get us back to work. unemployment above 8% month after month after month. >> reporter: it's a political bar romney has repeatedly accused the president to clear for months. repeated in his closing statement at the first presidential debate. >> we've had 43 straight
>> pelley: tonight, he's waited his entire presidency to say this: >> the unemployment rate has fallen to its lowest level since i took office. >> pelley: it finally drops below 8%. mitt romney says "not good enough." >> there were fewer new jobs created this month than last month. >> pelley: reports from anthony mason, nancy cordes and jan crawford. sharyl attkisson looks into reports that the state department denied repeated requests for more security before the deadly attack on u.s. diplomats in libya. meningitis spreads to a seventh state. dr. jon lapook looks at what went wrong. and steve hartman "on the road" in search of a pumped-up pumpkin. >> we have a monster pumpkin coming. captioning sponsored by cbs captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: good evening, the dfeadful string is broken. for the first time in 44 months the unemployment rate has fallen falow 8%. the latest jobs numbers from the babor department were surprisingly strong. .hey show the unemployment rate was 7.8% in september. that is down three tenths of a po
of the deficit and also getting back to jobs and reducing unemployment which governor romney kept hammering on, unemployment above 8% for pushing four years now. that's a big deal. connell: jim pinkerton and dagen is right a lot of tax talk last night. thanks for coming in with us today. we appreciate it. dagen: nerds unite. we're open for business in cleveland. connell: absolutely. all day long, one of the newest businessman in that city, the new owner of the cleveland browns, he will join our own liz claman coming up next. ♪ think it's weird to collect air? you wouldn't think so if you saw what your lungs collect every time you breathe. protect your health with life-saving air quality updates from the american lung association. get our free "state of the air" app at lung.org. o0 c1 you see us, at the start of the day. on the company phone list that's a few names longer. you see us bank on busier highways. on once empty fields. everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to
found out that the unemployment rate has fallen to its lowest level since i took office. >> mitt romney countered that 7.8% is nothing to celebrate. >> the reason it's come down is primarily due to the fact that more and more people have just stopped looking for work. >> some conservatives continue to suggest that the president's labor department cooked the jobs report for his political gain, but most experts have roundly slapped down that possibility. numbers and politics with economist mark zandi and douglas holtz-akin and jackie of the "new york times" and cnn's chief white house correspondent jessica yellin, next. a speed bump! [ wife ] a beached whale! lawn clippings! a mattress. a sausage link. mermaid. honey!? driftwood. come on, you gotta help us out here a little. [ male announcer ] febreze eliminates odors and leaves carpets fresh. ♪ [ male announcer ] febreze. eliminates odors and leaves carpets fresh. ♪ but proven technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air
with the unemployment rate. >> so it's too high? >> i want to play something that romney said saturday and get, first of all, your economic take and then the political take. >> it's the number of people. it's the percentage of the american population in the work force were the same today as when he was elected, our unemployment rate would be above 11%. this is inexcusable that a nation that's so prosperous as ours. >> this is the work force has shrunk argument. >> and the numbers are real. labor force paicipation, the fraction of people actually trying to find a job or have a job is at levels we haven't seen since 1981, and so the question becomes how many of those have left the labor force for good pursuits like retirement or to go to school, and how many are just so discouraged they've given up, and if it's really the latter, then we have a lot of ground to cover. >> we know demographics are playing a key role here. we're all getting older. baby boomers are approaching retirement, and they're retiring, so the participation rate that's fallen 2.5 percentage points in the past four or five years, 1.5
a criticism of the president because the unemployment rate was above 8%. you've heard mitt romney and other republicans attack the president saying that rate was above 8%. it is no longer above 8%. i think that number is important. what you may hear republicans attack the president on these numbers, as christine romans was just telling you, not enough jobs. only 114,000 jobs created. more than analysts predicted but probably not the number needed to reverse course and really kick-start this economy. we will see probably in the next few minutes reaction from the romney campaign, other republicans and i'm sure you'll hear the candidate himself, the former governor, talk about it on the trail today, carol. >> we've heard a familiar criticism. conservatives are already reacting to the 7.8% unemployment rate saying, these numbers are wrong. they're just wrong. we don't believe them. how can they be? and this has been sort of a -- it's become a familiar tactic. >> are you talking about that tweet, i guess, from jack welch, talking about maybe the obama campaign was cooking the books. i don't know
unexpected good news. with a reading of below 8% in nearly four years. however, mitt romney was trying to deny the reside president of anny victor. this is not what a real recovery looks like. >> the unemployment rate has come down very, very slowly but it has come down, nonetheless. the reason is primarily because more and more people have just stopped looking for work. >> mitt romney was not the only person downed plane to rebut suggestions that somebody was cooking the books downplaying the -- rebound. and this week it is saying that it is unbelievable. these chicago guys will do anything we cannot debate so change the numbers. experts are dismissing conspiracy theories. the president used this good news and acknowledging that there is more to be done and taking a swipe of runny. >> today's news should give us some encouragement. it should not be an excuse to talk down the economy. just to try to score some political points. >>catherine: the financial experts say that this is a move and the right direction but very, very slowly. catherine heenan, kron 4 news. >>pam: team coverage wi
to continue to spend those numbers. no president has been reelected with the unemployment rate collected above 8%. coming under that barrier could improve the reelection prospects. expect governor romney to continue to target the president as he did today with the campaign releasing several new ads on the issue. >> another warm day and early october, enjoy it while at lasted. at 82 degrees down town right now, where above normal. western maryland, the mid to upper 60's in this hour. it will stay fairly mild overnight. tomorrow, the wind shifts to the northwest. we will start to feel fall coming back in full force. in north texas, the same front is working in that direction and might kick up a couple showers. running about 30% chance of a shower at first pitch. it is about 80 degrees in arlington right now. there may be some scattered showers in the area with of the north agrees that the northerly wind that cools things into the '60s as we head towards the end of the game. the 30% chance will persist as the front is moving through. the same fraud that triggered snow in northwestern minnesota ye
of more than 40 straight months with unemployment more than 8%. governor romney farther south in virginia this morning says this still does not constitute a recovery, promising he is the only candidate who can bring one. >> if the same share of people participating in the workforce today as the day president got elected, our unemployment rate would be 11%. that is real reality what is happening out there. >> only one more employment report before election day. back to you. ashley: all right. rich edson, getting into the numbers there. thank you, rich. tracy: yeah we'll dig deeper into these numbers now. jerry webman chief economist with oppenheimer fund is with us now. it is very confusing because there are so many conflicting numbers. so what's your take out of these? >> this is going to keep statisticians and economists just so happy for hours and hours. so we're all having a good time on one hand. on the other hand, for those of us who just want to have the big picture. it is a pretty good jobs story. it says the economy is continuing to general right some jobs, some growth. it is not
to see how he puts or how he reacts to this jobs report going forward in the campaign. mitt romney has a campaign event in a few minutes. dagen: reaction in the stock market has been measured. we have surprising drop in the unemployment rate but job creation came in almost on the nose in terms of expectation with 114,000 jobs. and zynga doing the face plant. nicole: that is a lead story on wall street. we are seeing it selling off dramatically. don't forget zynga got a lot of revenue losing paying customers and had to cut their outlook again. they're down 18% and facebook at 2133. certainly nowhere near the $38 ipo price in may. social media companies and games under pressure. i want to look at the broader market average worth noting that the dow adjusting 61 points it is an up arrow again bringing the dow to a new high we have not seen since december of 2007. that being said we are seeing a financials doing well and j. p. morgan among leaders on the dow jones industrials and caterpillar and cisco. and many names many of our viewers own that are hitting 52 week highs and that feels goo
for calling in. we're waiting to hear from mitt romney who is in abingdon, virginia. let's get a republican view from texas. caller: good morning. i am calling in favor of obama. recently i reviewed that the unemployment rate had dropped to 7.8%. i am in favor of this, and i think that president obama is showing his commitment to the american people. host: you are calling on our republican line. are you a republican? caller: i am i democrat. host: we will try to get a republican. steve from tennessee. what do you think, does the drop in the unemployment rate have any effect on the presidential race? caller: first of all, i want to say that it is a false report. it is absolutely impossible for it to be 7.8%. this report has been skewed, just like the polls in obama's favor. i also want to comment on the health care. if the truth about the health care were known as far as the hidden taxes, this law absolutely destroys the american economy once it takes full effect. i also want to make one more comment -- of the people would take a look and investigate the background of peru, and investigate t
for the romney campaign they want you to think 8.1% unemployment and think barack obama and the obama campaign wants you to think 47%. they want you to think of romney's effective tax rate at 14%. but the president didn't go there tonight. he missed those opportunities and left an opening for the romney campaign. >> pelley: >> pelley: juliana, thank you very much. joining us right now is major garrett from "national journal." one of the subjects covered tonight was health care, the affordable care act which some people call obamacare a term the president endorsed tonight. he said he liked that term. i wonder what you thought of the cases that were made by governor romney and the president on health care. >> scott great to be with you. i thought the health care debate was a prism into which to look at the entire economic debate which this debate was focused on largely. but health care talked about jobs, mitt romney said the president's health care law will cost jobs. the president said no it will provide jobs and security. so you saw strong contrast between the perceptions of what the president
and governor romney said just a short time ago reacting to the jobs reports. let me play those first, both of them. >> there were fewer new jobs created this month than last month, and the unemployment rate as you noted this year has come down very, very slowly. it's come down nonetheless. the reason it came down this year is primarily due to the fact that more and more people have just stopped looking for work. >> today's news certainly is not an excuse to try to talk down the economy to score a few political points. it's a reminder that this country has come too far to turn back now. >> so john harwood, before we talk about this back and forth, i want to talk about the psychological impact of the rate falling below 8% today. >> it's positive for obama and say that the rate is where it was when i took office. i don't think we should be under any illusions. 7.8% is a high unemployment rate, weak economy. it is a talking point for the administration, and it will get a lot of media attention. it doesn't change the underlying economic reality facing americans, which is not good. >> the labor
carolina border. yesterday romney campaigned with country music legend trace atkins outside charlottesville. both meet for another debate in new york in a week and a half. >>> surprising unemployment report shows the jobless rate dropped. most economists expected it to rise. it went down from 8.1 to 7.8%. this is the first time in almost four years that the unemployment rate has fallen below 8%. the government says the rate fell because more people found work, a trend that could impact the presidential race. >>> making headlines this morning, an alert for women in fairfax county. police are looking for a suspected serial fondler. >> he has approached at least five women, usually from behind and grabs them before taking off. fox5's sherri ly is live in springfield with more details. good morning. >> reporter: good morning, allison, good morning, tony. the number of cases here continues to grow. we he a fifth victim that's now come forward. this is a case that hadn't been reported until police went public with information on these cases. that woman said she was fondled here in this springfiel
claims out this morning. and some say it was a romney it romped. that is the latest from the fox business network giving you the power to prosper. dave: ohio ranks fourth in job creation with a lower unemployment rate than the national average. liz claman got a chance to sit down with a man making it happen. >> he gives credit to a lot of the mayor's both republican and democrat and this is governor john kasic of ohio. he has been a congressman in the state and always dedicated most of his life to public service but how can you deny those numbers? they look good and the unemployment rate was around 10%. is now 7.27%. they are waiting on the latest numbers but august look good. the question becomes what we asked governor john kasic, how are you making it happen? this is what he said. you talk about job creation and a significant turnaround. how did you do it? if we had other governors watching and washington watching what was the number one thing you tackled? >> we were $8 billion in the hole. largest deficit in the history of our state and we built this rainy day fund and told regulators
and a half, saying unemployment will go back up, maybe by a point. back to the debate, charles krauthammer, who is critical of romney last week saying he really needs to step it up and become more aggressive. then he was complimentary when he said he absolutely really won this debate hands down. here is his analysis now on president obama. >> it's what the french call the wit of the staircase, meaning the stuff that you wish you had said, all the witty remarks and rebuttals that you never said at the dinner, but you remember on the way out. so he had all these chances last night, which again shows that they doesn't have a good game when it comes to being quick and effective on his feet, he's trying to make up for it. >> brian: he had a huge crowd, though, 12,000 people showed up in denver and governor romney decide to go to virginia. meanwhile, al gore had an interesting take. he's been down this road before. he felt he won the debates, but his size and arrogance made him perceived to be the loser in these debates. he wanted to use his expertise as the ceo of current magazine who last deba
as both he and mitt romney hit the campaign trail in virginia. the labor department says the unemployment rate fell .3 in september to 7.8%. it had been at 8en8en -- 8.1%. employers added 100 plus thousand jobs and this is the first time it has been below 8% in nearly four years. >> americans airlines canceled more flights today to fix the problems of three seats that came loose on recent flights. all of the planes should be back in service by tomorrow. the airline blames a combination of wear, poor design and even soda spills for causing small pins in the seat locking mechanisms to malfunction. >>> a panel of the california parole board issued a grant for charles manson follower, bruce davis, who's been in prison 40 years. davis was convicted with manson for the murders of two men related to the infamous sharon tate murders. his release must be approved by the entire parole board and california's governor. >>> a california teen has been denied his eagle scout award because he is gay. a boy scout esofficial say 17-year-old ryan anderson is no longer eligible for membership because he does
ward, news 4. >>> mitt romney is visiting coal country with a stop at a machine company. romney and paul ryan were both in fisherville, outside charlottesville where they received the endorsement of the national rifle association. >>> as we told you, today the september jobs report is out. the unemployment rate fell to 7.8% last month. it's the first time it's dropped below 8% in four years. employers added 114,000 jobs last month. we'll have more on what it means in a live report from cnbc coming up later in the show. >> turning to the weather, look at that sky. it's all blue. at least as far as i can see. i don't see any clouds out there. >> team 4 meteorologist, tom kierein, they say nothing in life is perfect. is this close? >> just about. better than looking at it is getting out and looking at it. i'll be out there in another half hour. you will love it. if you haven't been out yet and you step outside, low humidity thanks to an area of high pressure from the northeast coast to the carolinas to washington and back toward the midwest. there is a front triggering rain. indian
lower unemployment number usher the president into a second term? we'll talk to the obama campaign's vice chair, jan schakowsky. >>> topping our political headlines, mitt romney is out with a new podcast this afternoon, in which he attacks president obama over his debate performance. >> president obama could not defend his record. he offered no new ideas for how to fix the economy. i welcome the chance to share my vision for renewed prosperity and opportunity and i think it compared quite favorably to president obama's policy for big, trickle-down government. >> this past hour, mitt romney's son, josh, met with reporters in the swing state of virginia. it's part of a day-long effort the campaign is calling super saturday, with volunteers going door to door in battleground states. president obama has no public events today. he will head to california tomorrow, where he is expected to tout the new jobs number, 7.8%, and some big fund-raising numbers out today. president obama and the democrats raised $181 million in september, the highest single-month total so far. more on all these
, the economy. you can expect both candidates to have a say on the 8.1% of the unemployment rate and the national debt. keep in mind with early voting under way in 10 states already, many americans have already cast their ballots. still governor romney and presideet obama have plenty of opportunity to hurt or help their campaign in the next nine minutes. no cheering, no. now, the moderator, jim lehrer of pbs. >> good evening from maaness arena at the university of denver in denver colorado. i am jim lehrer of pbs news hour, and i welcome the new to the first of the 2012 presidential debates between president obama, the democratic nominee, and former massachusetts governor, mitt romney, the republican nominee. this debate and the next three, two presidential, one ice- presidential, are sponsored by the commission of presidential debates. tonight's nine minutes will be about he domestic feature and will follow a format designed by the commission. there will be six roughly 15 minute segments with two-minute answers. for the first question, then an open discussion for the remainder
better ground game in the state. i think some of that movement is the base coming home to mitt romney. which is something you expect to happen. late in the cycle. and so, the president has made the case. unemployment in virginia is below the national average as it is in ohio and florida. and i think that's one of the reasons he's doing better in these states. is not just the jobs numbers from friday, that show that we have gone below 8%. but that it's really made an impact in these communities. >> i want to go back and talk about what everyone else continues to talk b. the debate performance, in colorado on wednesday. take a list ton what jamcarvill said this morning and then we'll talk about it on the other side. >> it looked like to me he really didn't want to be there. his mind wasn't on it he didn't want to engage. he just wanted to get through the 90 minutes. >> that's the perception that we've heard from a lot of folks. not just on the right, the folks in the middle, folks on the left as well. how can the president try and change that perception? are we going to have to wait unt
. but romney is still prepping some zingers nonetheless. we may have got an bit of a preview in denver. here's a look. >> we've had 43 straight months with unemployment above 8%. what does the president have to say to all of this? he says forward. i think forwarned is a better term. >> see what he did there? the vice presidential nominees have busy schedules today with paul ryan campaigning in iowa and joe biden in north carolina. but nothing on romney's campaign schedule and president obama is just wrapping up some final debate prep in nevada. in ohio, early voting gets underway today. here's a look at some great video of people camping out to be able to cast their vote at the cuyahoga county board of elections. state senator nina turner was very first and said the long line is symbolic of how important voting is in ohio. cleveland mayor frank jackson also showed up for some moral support. so far 32% of republicans have requested early ballots. and 26% of democrats. and these early votes in ohio could really be symb
Search Results 0 to 38 of about 39 (some duplicates have been removed)

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